The #IMF and the #OECD both urged the #government in #Estonia to cut #budget spending and reform the country's tax system. The IMF warned that Estonia's public #debt was becoming unsustainable. Finance Minister Jürgen Ligi lamented that there was "no public pressure" on the issues.

https://viabaltica.fi/estonia-imf-oecd-urge-budget-cuts-tax-reform/

Estonia: IMF, OECD urge budget cuts, tax reform

The International Monetary Fund (IMF) recommended that the Estonian government stabilise public debt by limiting budget spending and increasing revenue, ERR reports. IMF experts warned that if current…

Via Baltica

wie #nachhaltig ist das #finanzsystem keiner stellt die #systemfrage ?
#Oeconomia legt episodisch die Spielregeln des #Kapitalismus offen ein Aufklärungsfilm über den Zusammenhang zwischen #Wirtschaftswachstum #Verschuldung ( #staatschulden ) und #Vermögenskonzentration. Produktionsland und -jahr: ZDF Deutschland 2020 Datum: 17.01.2023

the #unsustainable #madness of #centralbank #debt #monopoly #capitalism #finance #economy #money #geld #euro #eur #growth https://www.3sat.de/film/dokumentarfilm/oeconomia-100.html

INVEST IN YOUR #INDEPENDENCE #FOOD #WATER #ENERGY

Benefit concert nearly wipes N.L. Folk Festival debt, putting 50th edition back on track
A benefit concert held over the weekend in St. John’s had all the energy of the Newfoundland and Labrador Folk Festival itself — and funds raised are set to help it right its finances, says the society’s head.
https://www.cbc.ca/news/canada/newfoundland-labrador/nl-folk-festival-benefit-concert-9.7227050?cmp=rss
City of Edmonton sues Canadian snowboarding body over debts owed from 2023 event
The City of Edmonton has filed a statement of claim against the Canadian Snowboard Federation, which hosted the FIS Snowboard Big Air World Cup at Commonwealth Stadium two years earlier, court documents obtained by CBC News show.
https://www.cbc.ca/news/canada/edmonton/canadian-snowboard-big-air-lawsuit-edmonton-9.7225040?cmp=rss
Japanese businesses are ramping up borrowing to cover cash shortfalls fueled by record merger activity, booming capital investments and mounting investor pressure for shareholder returns, putting credit ratings at risk. https://www.japantimes.co.jp/business/2026/06/08/companies/japan-businesses-borrowings/?utm_medium=Social&utm_source=mastodon #business #companies #japaneseeconomy #debt #mergers
Corporate Japan borrows more as deals and outflows pressure ratings

Against the backdrop of tighter governance and the return of inflation, investors are pressing companies to deploy capital more aggressively.

The Japan Times

#GoodNews #MedicalDebt #Debt #Vermont #alt

ARRON PARNAS 6/7/26
GOOD NEWS ONLY
MEDICAL DEBT IN VERMONT ERASED FOR 97,000

One third say 'not worth the money' in new student loan update

https://fed.brid.gy/r/https://www.mirror.co.uk/money/one-third-say-not-worth-37241177

Financial markets are underestimating the economic risks of biodiversity loss, potentially exposing countries to sovereign debt crises and sharply higher borrowing costs, according to research published on Friday. https://www.japantimes.co.jp/environment/2026/06/06/sustainability/biodiversity-loss-debt-crises/?utm_medium=Social&utm_source=mastodon #environment #sustainability #debt #environment
Study warns biodiversity loss could trigger wave of debt crises

The study presented what they described as the world's first biodiversity-adjusted sovereign credit ratings model.

The Japan Times
Baffinland gets more time to figure out how to pay off billions of dollars in debt
In a news release Friday evening, the mining company says it’s been granted an extension to the stay of proceedings until June 10. As of May 14, Baffinland owes a total of $2.6 billion to creditors according to a list submitted to the courts.
https://www.cbc.ca/news/canada/north/baffinland-creditor-protection-billions-debt-9.7225846?cmp=rss

Mum dodged bullet fired by hired gunmen at Middlesbrough home over drug debt as children slept

https://fed.brid.gy/r/https://www.mirror.co.uk/news/uk-news/middlesbrough-shooting-mum-dodged-bullet-37250961